Graphic: What if the world's richest paid for government spending?
The 2018 Robin Hood Index by Bloomberg delves into the subject
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The 2018 Robin Hood Index by Bloomberg delves into the subject
)
Notes: Billionaire net worth as of end of 2017; Daily cost of running each government was approximated by taking the general government total expenditure divided by 365 days; 2018 GDP and government expenditure were IMF estimates as of October'2017; Sweden's richest person was Ingvar Kamprad, who passed away on 1/27/2018, whose estimated wealth of $52.4 billion could've theoretically kept the Swedish government running for 68 days
Sources: Bloomberg, International Monetary Fund
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First Published: Feb 13 2018 | 12:29 AM IST